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Household wealth surged in Q4. Now comes the bust.

March 26, 2020 - 15:00 -- Admin

The ABS has released household wealth data for the December quarter of 2019, which revealed a big lift in wealth driven by property: Household wealth Household net worth (wealth) increased $360.9b (3.3%) in December quarter 2019 driven by a $382.8b increase in total assets. This was partly offset by a $21.8b increase in total liabilities.

The post Household wealth surged in Q4. Now comes the bust. appeared first on MacroBusiness.

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